Raine & Horne Toowoomba
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  • 2 Park Lane, TOOWOOMBA CITY, QLD 4350

2 Park Lane, Toowoomba City, QLD 4350

  • 4 Bed
  • 2 Bath
  • 2garages

For Sale

Offers over $699,000

Prime Duplex Investment in the Heart of Toowoomba City!

Positioned for lifestyle and convenience, this outstanding duplex offers an unbeatable location within walking distance to Toowoomba's best - including picturesque parks, quality schools, Grand Central Shopping Centre, and the vibrant city centre.

On one side, enjoy a fully self-contained 1-bedroom unit complete with its own garage and internal access - perfect for downsizers, singles, or short-term rental income. On the other side, a spacious 3-bedroom unit provides flexible living for families or long-term tenants.

With an exceptional rental return and strong demand in this sought-after location, this is a rare opportunity to secure a high-performing investment with dual income streams.

Whether you're looking to expand your portfolio or live in one and rent the other, this duplex ticks all the boxes.

Don't miss out - opportunities like this are hard to find!

Unit 1 currently rented for $330 per week until 9/02/2026

Unit 2 currently rented for $400 per week until 20/02/2026

So that's a 5.4% Gross rental return as it is. We have also appraised them in the current market & you could achieve $380 for the 1 bedroom & $450 for the 3 bedroom. So thats then a 6.1% gross rental return!!!!

Land rates $1,332.02 net Per 6mth Period & Water connection fee of $335.75 net per 6mth period

With the seller wanting to liquidate to purchase a property elsewhere this is a great opportunity for a savvy investor to grab onto this very unique property which is certain to increase in value more & more as the years go on.

Call Scott for more information or to arrange an inspection.

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avatar Scott Couper
Scott Couper
Fully Licenced Sales Professional

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L34182562
  • Property Type:House
  • Building / Floor Area:61 sqm
  • Garages:2
  • Land Area:455 sqm
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R&H Suburb Profile: Toowoomba City
R&H Suburb SummaryHouses
Number of sales45
Average Price$694,538
Median Price$608,800
Median Rental Price$480 p.w.
Change in Rental Rate (5yr)41 %
R&H Suburb SummaryUnits
Number of sales36
Average Price$524,167
Median Price$419,000
Median Rental Price$382.5 p.w.
Change in Rental Rate (5yr)63 %
Median Trend - $608,800
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